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Near term patterns bullish?


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#21 Smithy

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Posted 17 September 2018 - 08:55 PM

Monday night:

Hadik freebie says he expects g&s to move up this week. Anyone have any more on this?



#22 senorBS

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Posted 19 September 2018 - 09:38 AM

 

GLD nice 5 up to todays high and not to a new high, should be wave i of 3 or C IMO. Lots of miners had 5 up complete from the lows at the early gap up highs IMO, already well into corrective pullbacks. All in all the best looking set up off a low we've had in a while. all IMO and as always DYODD

 

Senor

so far we are following this scenario, have stops at Fridays lows

 

Senor

 

basis nearer term charts in the miners this is either 3 or C as the wave 1 or A tops have in almost all cased been easily exceeded. Interestingly and IMO bullish for now at least is that the miners are leading as gold is still easily below its wave 1 or A peak at 1214. The HUI/gold and other ratios after hitting huge downside extremes are now snapping back from deeply oversold levels, key is whether its just a relief rally or something more? we see

 

Senor


Edited by senorBS, 19 September 2018 - 09:38 AM.


#23 senorBS

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Posted 19 September 2018 - 09:45 AM

it appears to me a lot of the miner indices are heading back up toward daily prev 4th wave resistance - that is near GDX 19.49, GDXJ 29.14, HUI 150.77, if and when we get there it will get very interesting

 

Senor



#24 dougie

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Posted 19 September 2018 - 03:29 PM

seems like a clear ABC or 123 off the lows here. what is next will tell a lot



#25 goldfungus

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Posted 19 September 2018 - 05:20 PM

it appears to me a lot of the miner indices are heading back up toward daily prev 4th wave resistance - that is near GDX 19.49, GDXJ 29.14, HUI 150.77, if and when we get there it will get very interesting

 

Senor

Coinciding with a Fed rate hike, no doubt. Could get very 'interesting' off of the reaction.



#26 dharma

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Posted 19 September 2018 - 05:37 PM

captain E wave 

http://www.321gold.c...wave091918.html

well now folks are wondering if the cots are fake news

1

https://www.silverdo...rt-still-valid/

dharma



#27 crossd

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Posted 20 September 2018 - 12:58 PM

Gold now tied to the Yuan..

 

 

https://www.mcoscill...nd_to_the_yuan/

 

 

donc



#28 Smithy

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Posted 23 September 2018 - 12:10 PM

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#29 Smithy

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Posted 23 September 2018 - 09:31 PM

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#30 senorBS

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Posted 24 September 2018 - 08:42 AM

Perhaps we'll get a little merger/takeover bid in the miners with ABX buying Randgold in a large deal. Mostly a stock transaction, Randgold and ABX up nicely but not that much of a premium, buy maybe it gets the juices flowin a bit, we see

 

Senor